pdf files for cs students

1. 
    CHART NOTES OF MONEY LAUNDERING ACT AND TRADEMARK ACT

TO DOWNLOAD NOTES  CLICK HERE

      2.  SECRTARIAL AUIDIT AND COST AUDIT IN EASY MANNER.TO DOWNLOAD NOTES  CLICK HERE

I HOPE THIS POST WILL HELP YOU IN YOUR PREPARATION. AND  PLEASE SHARE IT WITH YOUR FRIENDS AND GROUPS.

IF YOU LIKE MY POST KINDLY GIVE YOUR FEEDBACK IN COMMENT SECTION.

THANK YOU SO MUCH.

HAPPY LEARNING.

RS.15 LAKH FINE OVER FAIRNESS CREAM

RS.15 LAKH FINE OVER FAIRNESS CREAM

From the title you get  little idea. Yes  RS 15 lakh fine over fairness cream. So without wasting any time let’s get started.

FAIRNESS CREAM:  Emami fair and hadsome cream.

 

In the judgment that may cause ripples in the cosmetic industry,  a consumer court has imposed a penalty of RS.15 lakh on EMAMI LIMITED for “misrepresenting”

EMAMI had adopted unfair trade practices by claiming through its advertisement that its product  fair and handsome cream would given men fairer skin in three weeks.

MR. Nikhil jain had filed an unfair trade practices suit against EMAMI in the consumer court after, contrary to its advertisement. Mr. jain had purchased the cream on October 8,2012  “ after using the cream for three weeks , I did not see any difference on my face,”  he said in his complaint.

The consumer forum bench stated that emami’s advertisement amounted to misrepresentation to the public at large about the product’s effectiveness.

“NO attempt has been made….. to justify the advertisement which hold out a promise of the skin getting fairer by use of the product”  said the forum.

DECISION :  The bench directed EMAMI LIMITED to pay Rs.10000 as compensation to Mr.jain  and deposit Rs.15 lakh as punitive damages with the consumer welfare fund maintained in the delhi state consumer disputes redressal commission.

The forum has now directed to EMAMI to withdraw the advertisemens.

 

BE CAREFUL WHEN YOU PURCHASE ANY PRODUCT .

DON’T GET MISLEAD THROUGH ADVERTISMENTS.

IF you like it please share it with your friends and groups.

THANK YOU SO MUCH.

 

 

 

HOW TO ANSWER COMMENT BASED QUESTION?

HOW TO ANSWER COMMENT BASED QUESTION?

Hello guys, how are you all?

Today we are going to discuss  HOW TO ATTEMPT COMMENT BASED QUESTION.  I know there are no specific format for comment based question. But yes we can customize our answer in best possible manner.

 

First I will explain major mistakes done by students while attempting comment based question as follows :

ü Directly explaining provision.

ü Not write down proper crux of the topic/provision as the case maybe.

ü not adding conclusion.

ü Dumping too much extra knowledge.( don’t try to educate examiner)

ü Sometimes students bluffing and repeating unnecessary points.

 

Now first answer my question, if you came out from movie theatre, and somebody asked you the movie review, would you explain whole movie story from start to end ?  of course not right.

The same logic also apply in comment based question. Examiner and paper checkers already know the topic. You just have to explain crux of the topic or provision.

 

v Followings are the points which shall take into consideration while attempting comment based question:

 

·        First see the authenticity of the statement. If the state is correct or not. 

For example :  primary market is of the great significance of the economy of a country.  This statement is right then  start your answer with : this( above ) statement is correct.

·        Then go for the explanation :  you can write here provision, case law references, law applicability, other material information which is related with the question only. But yes  don’t do over explaining just keep it simple and sweet.

·        After giving explanation then go for conclusion.  Simple right.

Note :  at the end of this post I will attach some comment based question which is answered by me.

 

v DO’S AND DON’TS :

 

1)    DO’s :

·        Underline the key-words.

·        Give sub headings in your answer to address the different parts of the question. It gives the examiner clarity on how much is written under which part.

·        Try to frame your answer in pointers rather than lengthy flowery paragraphs.

·        Leave adequate space between words, line.

·        And always end the answer with a futuristic solution on the way forward.

·        Keep practicing ( it will boost your confidence level)

2)    DON’TS:

·        Don’t spend too much time on a question you know too well at the expense of other questions.

·        Never try to educate the examiner ( I repeat this line but yes please don’t dump extra knowledge. Just keep it simple.

I am attaching some answers of comment based questions.

 to download pdf of comment base question and its answer :  click here

to download CMSL EVALUATION SHEET ( BY GM TEST SERIES) : CLICK HERE

THANK YOU SO MUCH .

HAPPY LEARNING.

AND I ALSO ADDED SUBSCRIBE OPTION AT MY BLOG HOME PAGE. SO DON'T FORGET TO SUBSCRIBE.

AND IF YOU LIKE MY POST THEN PLEASE SHARE IT WITH EVERY STUDENTS.

Why china withdrew from Ladakh????

Big Revelation

Why China withdrew from Ladakh ?

Modi ji postponed the big war, otherwise Pakistan and China made big preparations for war - want to know the details of the whole conspiracy?

The day of July 5 was very important because the coalition of China, Pakistan and Iran had made full preparations to attack India.

The date was fixed that under the policy of simultaneous attack , the Pakistan Army was to attack Kashmir.

Chinese soldiers had reached Pakistan to help the Pak Army.

But the Indian Intelligence Agency (RAW) and the CIA and Mossad were also fully aware of this attack.

Therefore, the entire preparation of the Indian Army was also complete.

Therefore, before 5th July, Modi reached Ladakh and ordered free hand to the army and also threatened China.

Before any action could have taken place, Israel launched a blazing attack on Iran early in the morning of July 5 and destroyed all Iran's weapons that were a threat to it.

This attack was also done due to Modi's diplomacy.

On the other hand, Pak military officers refused to attack Kashmir because the fleet of Indian submarines had reached close to Karachi and conveyed to Pakistan that if attacked, India is ready to attack from several sides simultaneously, which is not estimated by Pakistan at all.

Modi had already taken the superpowers into confidence.  America, Japan, Australia, France, Russia all stood with Modi ji.

America has made its war ship in a ready position in South China Sea.

In a hurry, China tried to negotiate.

Ajit Doval ( National Security Advisor to PM) took charge of the conversation this time.

 Si Jijingping wanted to talk to Modi, but Modi refused to talk,

that is why the foreign minister of China was forced to talk to Doval.

While Doval's status is below the foreign minister, China was forced to drink this ghoul of insult.

Doval presented the Foreign Minister of China a black blue print of 5th July of China, Iran and Pakistan's collective attack, which made China embarrassed and came to the point of Hindi Bhai Bhai and agreed to return their army, and promised not to attack in future.

Now Pak military is angry with China because China is leaving Pakistan alone and the opposition party in  India is angry that why did we reduce the tension with China, 

why did we not go to war?

Probably some foolish opposition parties of India forgot that if there was war, the attack of China would not only be on Modi, but on the whole of India and Indians.  May God give wisdom to such humanity and country opponents (unpatriotic people).

If Modi had not gone abroad to establish friendship with the superpowers and armed the army(of India) with weapons, today the sound of bombs and bullets would have been echoing in many cities of India and on the border.

Thank goodness that our Prime Minister, due to his diplomacy, today we have succeeded in fighting together with China, Iran, Pakistan and forcing them to retreat.

foreign portfolio investor

HEY GUYS. 

 

today i am going to share foreign portfolio investor revision pdf. file

 I know it is not imp from exam point of view but sometime ICSI ask questions from this chapter.

so i covered IMP topics ( in chart format )

To download pdf file   👉 click here

thank you.

and also share with your friends and groups.

happy learning.

How to remember section of company law

HELLO GUYS,  HOW ARE YOU ALL ?  I HOPE YOU ALL ARE DOING GOOD.

TODAY  I am going to share some memory technique for company law. Which will help you to remember the sections of company law. And yes after reading this post you can make your own memory technique.

NOTE :  I AM JUST SHARING MY TECHNIQUES which I used when I was in cs executive.   DO NOT MAKE MEMORY TECHNIQUE FOR ALL CHAPTERS, OTHERWISE YOU WILL GET CONFUSED.

So without wasting anytime let’s get started.

 

1)    Foreign company  ne  apne  free reserve     Global     Government    ko    hold    ke   liye  diye.

SECTION 2(42) :  foreign company.

SECTION 2(43) :  Free reserve.

SECTION 2(44) : Global depository receipt.

SECTION 2(45) : Government company.

SECTION 2(46) : Holding company.

 

2)    Independent director  ne   IDR   aur   issued capital   ke   bare   me  detail analysis   krne   ke  liye   KMP   ki   meeting   bulayi.

SECTION 2(47) :  Independent director.

SECTION 2(48) : Indian depository receipt.

SECTION 2(49) : OMMITED UNDER CO. AMENDMENT ACT 2017 ( NOTIFIED ON 9^TH FEB)

SECTION 2(50) : Issued capital.

SECTION 2(51) : KMP.

 

3)     5 Pandavas or you can say it  P SERIES ( I know it sounds weired).

 

SECTION 2(68) : Private company.

SECTION 2(69) : Promoter.

SECTION 2(70) : Prospectus.

SECTION 2(71) : Public company.

SECTION 2(72) : Public financial institution.

 

4)    M. S  DHONI   KO   CVO  OFFICER  BANAKE  USKA  D.A   REVISE KIYA.

SECTION 23 : M = Method of fund raising.

SECTION 24 : S = SEBI power.

SECTION 25 : D = Definition of deemed prospectus.

SECTION 26 : C = Content of prospectus ( amendment).

SECTION 27 : V = Variation in content and prospectus.

SECTION 28 : O = Offer for sale.

SECTION 29 : D = Dematerialised form.

SECTION 30 : A = Advertisement of prospectus.

 

Other sections ( sorry no memory technique for it.  You have to remember it.)

SECTION 31 : Shelf prospectus.

SECTION 32 : Red herring prospectus.

SECTION 33 : Abridged prospectus.

SECTION 34 : Criminal liability for misstatement in prospectus.

SECTION 35 : Civil liability.

5)    Premium members of discount dekar sweat equity shares or pref.share issue kiya.

SECTION : 52 = Application of premium received on issue of shares.

SECTION : 53 = Prohibition on issue of shares at discount.

SECTION : 54 = Issue of sweat equity shares.

SECTION : 55 = Issue and redemption of pref.share.

 

Note :  definition of member given under section 2 ( 55) of companies act 2013

 

SECTION  MAP :  

SECTION : 61 = ALTERATION OF SHARE CAPITAL.

SECTION : 62 = FURTHER ISSUE OF SHARE CAPITAL.

SECTION : 63 = ISSUE OF BONUS SHARES.

SECTION : 64 = NOTICE TO REGISTRAR FOR ALTERATION OF SHARE CAPITAL.

SECTION : 65 = UNLIMITED COMPANY TO PROVIDE FOR RESERVE SHARE CAPITAL ON CONVERSION INTO LIMITED COMPANY.

SECTION : 66 = REDUCTION OF SHARE CAPITAL.

SECTION : 67 = RESTRICTIONS ON PURCHASE BY COMPANY.

SECTION : 68 TO 70 = BUY BACK RELATED PROVISION.

SECTION : 71 TO 72 = DEBENTURE/ POWER TO NOMINATE.

SECTION : 73 TO 76 = PUBLIC DEPOSITE.

SECTION : 77 TO 87 = CHARGE.

 

NOTE :  ALMOST 40+ SECTIONS COVERED UNDER THIS POST.

 

IF YOU WANT DOWNLOAD THESE MEMORY TECHNIQUES IN PDF FORM :  

CLICKHERE.

Note down the techniques in your sheet. And always keep practice and revise on weekly basis. Gradually you will remember all the sections of company law.

 

IF you like it please share it with your friends and groups. And if you want 2^nd part of memory technique of company law. Then do comment.

Thank you so much.

Happy learning.

Let’s get successful together.

HOW TO PREPARE COMPANY ACCOUNTS AND AUDITING PRACTICES

HOW TO PREPARE COMPANY ACCOUNTS AND AUDITING PRACTICES

HELLO GUYS                  

How are you all ? I hope you all are fine. I am really sorry for the late posting. Because I have been busy in some work.

Today we will discuss about HOW TO PREPARE COMPANY ACCOUNTS AND AUDIT.  OKAY first let me tell you that this post is specially for CS EXECUTIVE OLD SYLLABUS STUDENTS. I am assuming you already completed your 70 to 80% syllabus.   So without wasting time let’s get started.

In CS executive old syllabus company accounts and auditing practices divided into 2 parts.

PART A COMPANY ACCOUNTS = 70 MARKS.

PART B AUDITING PRACTICES = 30 MARKS.

 

1)    AUDITING PRACTICES :   I will discuss first audit portion because it’s not just audit. But it is GOLDEN AUDIT for those students who are weak in company accounts.

·        Audit could be scoring part. ( if you properly study it).

·        If your audit portion is strong, and if you perfectly ( not copied language of module, but with proper key words) write the answer in exam and attempt full audit portion with 100% accuracy. You will get 15 to 17 marks easily ( personal experience).

·        So guys do audit properly and revise it for at least 3 to 4 times.

·        Make short notes or summary points of chapters and must practice comment based question .sometime ICSI asks comment based question.

·        Solve past year paper it will boost your confindecne.

·        Remember guys, it’s a GOLDEN AUDIT.

I know some of you will thinking audit is bunch of theory , how to mug up or how to cramp this theory.  Again you don’t need to cramp audit.  Just understand the concept properly and highlight or note down the key points and revise it on weekly basis.

 

2)COMPANY ACCOUNTS : Company secretary has to provide the complete and accurate information about the financial operations of company to management for decision making.

Now I hope you can understand why this subject is important.

NOTE : don’t focus on too much practical. Focus on theory also. In every attempt they ask theory of 30 to 40 marks in the exam.

Now I am giving you briefing of every chapters. Before we go ahead  this is suggestions and you can coustmise as per requirement.  And don’t follow this blindly. Because it is professional exams. I am just soothing the process of preparation.

A)   SHARE CAPITAL :    IMPORTANT from practical as well as theory point of view.

solve practical questions of issue of shares : at par, at discount, on conversion and for consideration other than cash, forfeiture of share and re-issue of shares.

Practice questions of underwriting of shares.

 

Hit theory questions from this chapter :

·        Issue of shares at premium.

·        Utilization of amount of security premium account.

·        Buy back : its condition/advantage.

·        Prohibition of buy back in certain  circumstances ( section 70 companies act 2013).

·        Issue of bonus shares.

·        ESOP/SWEAT EQUITY SHARES/RIGHT SHARES.

·        Alteration of share capital ( section 61 companies act 2013).

 

B)    DEBENTURE :  DO all the practical questions from module and scanner, try to solve question on redemption of shares, issue of debenture for consideration other than cash, conversion of debenture into shares.

 

clear your concept in CUM IN AND EX INTEREST  and practice such types of question.

 

C)    FINAL ACCOUNTS OF COMPANY :   very imp chapter for both theory and practical.

 

practice managerial remmunration question.

 

Theory : prepare the format of new balance sheet and statement of profit and loss. Sometime they ask format of P/L AND BALANCE SHEET only for 5 marks ( unfair).

 

Make strong your practical on PROFIT OR LOSS PRIOR TO INCORPORATION . it is simple and easy to understand. We can say it is cakewalk topic. You can easily solve if it comes in exam.

 

 

D)   CORPORATE RESTRCTURING :   VERY VERY IMP CHAPTER.  THIS CHAPTER REQUIRES HARD PRACTICE.   ( very imp from practical point of view)

 

YES there are some imp theory question from this chapter.

·        Meaning of corporate restructuring.

·        Kinds of restructuring.

·        Meaning of amalgamation and its method.

 

E)     CONSOLIDATION :   Again most important chapter. Try to solve more practical based question. And solve past year question.

 

try to solve adjustment on your own then compare with answers.

 

Compulsory question : 5 to 10 makrs.

 

Try to solve 1 question of this chapter on daily basis, slowly slowly your grip on this chapter will increase.

F)     VALUATION OF SHARES AND INTANGIBLE ASSESTS :   very imp chapter.

 

Solve practical questions of valuation of goodwill and shares. Refer scanner also. ( 5 marks )

 

Also read theory for your own safety.

 

G)   LIQUIDATION OF COMPANY :

Preparation of statement of affairs including deficiency/surplus account.

 

H)   CORPORATE FINANCIAL REPORTING :  ( GIFT )

It is purely theory based chapter. Understand the concept and note down the key words and revise on weekly basis.

 

Refer questions from scanner.

 

If examiner in happy mood, sometime they ask 5 to 12 makrs theory questions from this chapter.

 

On an average one question comes in exam in almost every attempt. So my suggestion is : DON’T SKIP THIS CHAPTER.

 

IN this chapter there are certain practical aspects like : EVA AND VALUE ADDED STATEMENTS. ( EVA AND VALUE ADDED STATEMENT’S THEORY QUESTIONS ARE ALSO IMP.)

 

I)       ACCOUNTING STANDARDS :   

I  don’t think students should devote his/her time on this chapter. Because there are bunch of accounting standards.  It is impossible to remember every accounting standards.

 

My suggestion : go through the chapter once, and make list of imp accounting standard. And revise it .

 

This is my personal suggestion. You can do whole chapter as per your requirement.

 

 

OTHER IMPORTANT SUGGESTIONS :

ü All most students just audit the adjustments, that’s huge mistake. Do not audit the questions from answer. Always try to solve the question on your own then compare it with the answer.

ü Do daily 1 question of consolidation or amalgamation. Yes, on daily basis or at regular interval.  Choice is yours.

ü Regular practicing will keep you in touch with the chapter and eventually you will get proper grip on that particular chapter.

ü Always give time for theory.

 

Monday = practice only .

Tuesday = practice with theory .

Wednesday=  audit .

Thursday = practice only.

Friday = practice with theory

Saturday = audit .

Sunday = whole week revision.

 

ü You can adjust your timing as per your choice.

ü You have to give at least 2 to 3 hours in a day for accounts subject. Do not give directly.       1.5hours in the morning and 1.5hours in evening( for revision purpose)  

ü Whenever you are free pick any random chapter of audit or any practical question for revision.

ü Always remember  MORE PRACTICE, MORE ACCURACY.

 

I HOPE THIS POST WILL HELP YOU IN YOUR PREPARATION. AND  PLEASE SHARE IT WITH YOUR FRIENDS AND GROUPS.

IF YOU LIKE MY POST KINDLY GIVE YOUR FEEDBACK IN COMMENT SECTION.

THANK YOU SO MUCH.

HAPPY LEARNING.

 

if you are facing problem in TAXATION SUBJECT. no need to worry

Read my post HOW TO STUDY TAX?  i am 100%  sure that post will really help you in tax subject.  

TO READ THE POST  CLICK HERE

        

 

 

 

HOW THE BISCUIT MAKER’S COMPANY MAKING A PROFIT.

HOW THE BISCUIT MAKER’S COMPANY MAKING A PROFIT.

Hello guys. How are you ? I hope you all are safe and please follow the guidelines and instructions given by our doctors and medical staff. Ultimately they are for us.

So today, I am not going talk about law stuff or any case law analysis. From the title some of you might get little bit idea about today’s topic.  Yes I am going to discuss with you   HOW BISCUITS MAKING COMPANIES EARN PROFIT?   Guys read it fully you will surely get worthy information.

So without wasting time  let’s get started.

Ø Lets understand this concept with example. I take BRITANNIA PRODUCT AS A EXAMPLE.

Ø We all know that Britannia industries limited is an Indian food-products corporation. Founded in 1892. And headqartered in Kolkata. And it is one of india’s oldest existing companies.

Ø You must have eaten JIM JAM biscuits ( Britannia product )

Ø Whenever we purchase any product, we always check the price and expiry date etc.

Ø But still company fools us. I will show you how?

Ø Below you see the image of jim jam biscuits ( small one is just for rs10 and the larger one is at 25rs. )

 

 

 

 

 

 

 

 

 

·        Some of you will say what are you trying to say ?  just see the image carefully and compared the net weight.

·        Yeahhh you see that. When we purchase 10rs jim jam biscuits, it’s net weight is 62gram.  And we purchase 25rs jim jam biscuits, it’s net weight is 100gram.

·        10rs = 62grams     20rs = 124grams  and we buy 25rs jim jam biscuits. And we get just 100grams.  You can clearly see the gap.

 

Some of you may think this is not fair. All trades should be conducted in fair manner.

Before you made any decision guys wait . this is not fraud or scam.

But these are the marketing strategies used by companies. All companies use this type of marketing technique in different manner.

 

    NOW LET ME TELL YOU WHY COMPANIES USE THESE TYPES OF MARKETING STRATGIES.

 

·        First let me tell you that this is not fraud or scam but a business strategy by the companies. This strategy is accepted by the government.

·        Not only Britannia but so many other companies using marketing strategy for business purpose.  And a biscuit packet at the price point of 10rs  is required to compete in the market. BRITANNIA may not find this viable from the profitability point of views. To compensate, they have another price point at 25rs.

 

OTHER POINT OF VIEW :   It is very cleared that this is not fraud or scam. Small packing with lower price are generally targeted for people with low income.

In fact this marketing technique also apply in shampoo sachet. And there is reason behind that, sachet is actually more cost effective. And one most important point that  sachet just requires cheap plastic and you don’t need to worry about attractive and funky look bottles.

 

SOMEHOW THIS TOPIC TOUCHED THE CONCEPT OF PURCHASE POWER. AND IT IS BELIVED THAT SOME PEOPLE HAVE LESS MONEY TO SPEND AND THEY WILL ONLY BUY A CHEAPER PRODUCTS.

 

At the end I would like to tell you that this is not any fraud or scams. Just purely business methods.  I am not saying Britannia is bad company etc.etc.  I am just telling what kind of business strategy they use. In fact we should learn from Britannia company.

BRITANNIA INDUSTRIES LIMITED IS AN INDIAN FOOD PRODUCTS CORPORATION.  IT IS NOW PART OF THE WADIA GROUP HEADED BY NUSIL WADIA.

THE COMPANY SELLS ITS BRITANNIA AND TIGER BRANDS OF BISCUITS, BREADS AND DAIRY PRODUCT THROUGHOUT THE INDIA AND IN MORE THAN 60 COUNTRIES ACROSS THE WORLD.

 

IF YOU LIKE THIS POST PLEASE SHARE IT WITH YOUR FRIENDS AND IN YOUR GROUPS.

THANK YOU SO MUCH.

HAPPY LEARNING.